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“Ads rates vary depending on which country the video is played. In the last week of September when ‘Gangnam Style’ had around 300 million views, more than 33,000 videos were identified by the content identification system as using the song.īut since YouTube can be accessed from all over the world, wouldn’t Asia be responsible for a significant chunk of the $870,000? The countries with the second- and third-highest views of the video are Thailand and South Korea. Artists can have the video removed or allow it to stay online and share ad revenue with YouTube. Google detects videos that use copyrighted content. PSY and YG Entertainment also earn money from views of videos that parody his songs. The Google-owned video service keeps approximately half. TubeMogul, a video ad buying platform, estimates that PSY and his agent YG Entertainment have raked in about $870,000 as their share of the revenue from ads that appear with YouTube videos. PSY’s official channel on YouTube, which curates his songs and videos of his concerts, has nearly 1.4 billion views. The viral video has clocked more than 940 million YouTube views since its July release, beating Justin Bieber’s “Baby,” which racked up more than 808 million views since February 2010. ‘Gangnam Style’, with its catchy tune and much imitated horse-riding dance is the most-watched video on YouTube ever.
But for online music sales in South Korea, he’ll earn less than $60,000.
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An even bigger dollop of cash will come from TV commercials.įrom just those sources, PSY and his camp will rake in at least $8.1 million (€6.2 million) this year, according to an analysis by The Associated Press of publicly available information and industry estimates. With one song, 34-year-old Park Jae-sang - better known as PSY - is set to become a millionaire from YouTube ads and iTunes downloads, underlining a shift in how money is being made in the music business. So too have his agent and his grandmother.īut the money from music sales isn’t flowing in from the rapper’s homeland South Korea or elsewhere in Asia. latest album songs download.AS ‘GANGNAM STYLE’ gallops toward 1 billion views on YouTube, the first Asian pop artist to capture a massive global audience has gotten richer click by click.
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